service charges

Service Charges Explained

Service Charges Explained... Service charges represent funds collected to maintain the building’s structure, common areas, and cover the expenses of various provided services. These services encompass repairs, cleaning, elevator maintenance, landscaping, on-site staff, utilities, building insurance, managing agent fees; essentially any service outlined in the lease agreement.A lease agreement...

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Notes for Incoming Directors of a Residential Management Company (RMC)

What is the Residential Management Company for? A Residential Management Company (RMC) protects the rights of Leaseholders. Its aims are to manage and administer the common parts for the benefit of all owners. Common parts may include the road, landscaped areas (not in private ownership), bin stores, internal communal areas and structures of any building which contains leasehold property within the...

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A Simple Guide to Service Charges

There is no one size fits all approach to setting and managing service charges, which is why we build bespoke packages to suit the property blocks we manage. We understand no one likes to pay more than they have to, so we work hard to give you the best value for your service charge. What are service charges? Service charges are levied by property freeholders to recover the costs they incur in providing...

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PLEASE NOTE

Our Offices Will Be Closed Over the Festive Period From 2.30pm Christmas Eve - 2nd January 2026

For out of hours contact/emergencies please see information below:

For Tenants/Landlords – Please call our main lettings number – 01603 751555 – and follow the instructions. These instructions will provide you with an out of hours contact number, plus the number of an emergency plumber.

For Leaseholders – Please call our main Block & Estate Management number – 01603 226500 – and follow the prompts. Listed are numbers for various contractors, depending on the type of emergency.

From all of us at Watsons, - Have a Merry Christmas and Happy New Year!​